- Your policy was issued in 2000 or later.
- You, your parents, or your dependents are the policy beneficiaries.
- You paid premiums for 2012.
The credit for Single and Joint Filers is the smaller of 15 percent of the premiums paid or $500. For Married Filing Separate filers, the combined credits on the spouses' returns can't be more than the credit they would have been allowed on a joint return.
Employers paying for long-term care insurance for employees may also claim this credit.
Contact the Oregon Department of Revenue for more information.